A proposed $6.95 million settlement has been filed to end a class-action lawsuit alleging Oklahoma City-based Chesapeake Energy Corp. co-founders Aubrey McClendon and Tom Ward conspired to rig bids on leases for land to explore for oil and natural gas in northwestern Oklahoma and southwestern Kansas.

The Oklahoma City Boathouse Foundation will honor a late natural gas baron by christening the newly named Aubrey K. McClendon Whitewater Center on Thursday during the Oklahoma Regatta Festival. McClendon was key in the OKC Boathouse Foundation’s formation and served as chairman from 2006 until his death on March 2, 2016.

Chesapeake Energy Corp. withdrew its claim for more than $455 million against the estate of late Oklahoma City energy magnate Aubrey McClendon as part of a settlement of a lawsuit that alleged McClendon had stolen trade secrets when he left Chesapeake in 2013.